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LIVE MARKET UPDATE

Wednesday, 27 July 2016

The Indian market is expected to open flat on Wednesday tracking muted trend seen in other Asian markets. On the upside resistance is visible around 8,620-8,650. Going forward market movement will depend on FII and DII trading activity, quarterly results of the major companies and price movement of crude oil in the international market. For read more click here: www.marketmagnify.com/freetrial.php or give just give a Missed call @7879881122

Bharti Infratel: Tower company Bharti Infratel on Tuesday said first quarter net profit jumped 71 per cent year-on-year as operators rented more sites - both to expand 3G and launch 4G.

United Spirits: United Spirits BSE 0.67 % on Tuesday reported net profit of Rs 44 crore crore for the quarter ended June, an increase of 277% mainly due to higher exceptional items.

HDFC: HDFC is expected to report 12.1 per cent YoY growth in net profit to Rs 1,525.90 crore for the quarter ended June 30 compared to Rs 1,361 crore reported in the year-ago period, said a Kotak Institutional Equities note.

Bajaj Auto : The two wheeler maker is expected to report 3 per cent YoY growth in the net profit to Rs 1,040 crore for the quarter ended June 30 compared to Rs 1,010 crore reported in the year-ago period.

Bharti Airtel: The telecom major is expected to report 2.8 per cent QoQ growth in the net profit to Rs 1,327 crore for the quarter ended June 30 compared to Rs 1290 crore reported in the previous quarter.

Lupin: Lupin BSE -0.10 %, India's third-largest drugmaker, is in talks with Japan's Astellas and Shionogi to buy the off-patent medicine brands they have separately put on the block, two people aware of the development said.

Monday, 25 July 2016

The Indian stock market is likely to trend higher on Monday with supportive global cues. Nifty's crucial resistance is seen at 8630. The street expects 15-20 percent Nifty earnings per share (EPS) growth for next two years. Big cues this week for the market will be GST discussion, July series expiry and FOMC meeting on July 26-27. For read more click here: www.marketmagnify.com/freetrial.php or give just give a missed call @7879881122

Axis Bank Q1 asset quality worsened in the first quarter with gross NPA rising 57 percent sequentially due to fresh slippages of over Rs 3600 crore. Vedanta sweetened its merger with Cairn India for the minority share holders. It had offered four preferential shares along with a Vedanta share for every share of Cairn India held.

Friday, 22 July 2016

The Indian share market has opened flat on Friday. The Sensex is up 28.29 points or 0.1 percent at 27738.81 and the Nifty is up 9.55 points or 0.1 percent at 8519.65. About 286 shares have advanced, 121 shares declined, and 25 shares are unchanged. Get Live Indian Stock Market News Updates Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

ITC, Cipla, Adani Ports, BHEL and Sun Pharma are top gainers while TCS, ONGC, Infosys, NTPC and Wipro are losers in the Sensex. The Indian rupee opened flat at 67.18 per dollar on Friday versus previous close of 67.17.Yen held steady after appreciating over 1 percent overnight, dollar index pared some of its gains, slipped below 97 mark.

Thursday, 21 July 2016

MarketMagnify Investment Advisor & Research Pvt Ltd provides you Trading tip calls latest market news about the Indian stock markets with intense analysis done by our Team of Analysts.We have been providing valuable Tips to our clients through various methods.Get Today Live Morning Stock Market News Updates Click here to read more.»www.marketmagnify.com/freetrial.php or For Free Trials Just Give One Missed Call @78-79-88-11-22

Wednesday, 20 July 2016

The Indian stock market may be a bit under pressure Wednesday on global cues and IMF outlook. For the first time in two years, International Monetary Fund (IMF) has cut India's growth forecast and also slashed growth outlook for almost every geography thanks to Brexit. Get Live Stock Market News Updates Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.The IMF has cut India's growth projections to 7.4 percent for 2016 and 2017, a drop of 0.1 percent from its previous forecast, attributing it to a more sluggish investment recovery while declaring Brexit as a "spanner" in the global economic recovery. Yesterday, the 30-share BSE Sensex was up 40.96 points at 27787.62 after a swing of 189 points intraday while the 50-share NSE Nifty rose 19.85 points to 8528.55.

The indices are set to open on a flat note. Asian markets are trading mixed. Japan's Nikkei slipped 0.73%, Hong Kong's Hang Seng gained 0.73% and Shanghai Composite is trading in red. US markets closed mixed on weak quarterly results from Netflix Inc. S&P 500 at 2,163 points closed down 0.14%.

Among other stocks in focus:

Wipro: The company disappointed as consolidated Profit after tax (PAT) of the company stood at Rs. 2052 crore in Q1 FY17 as compared with Rs.2238 crore in Q4 FY16.

DLF: DLF Home Developers Limited entered into joint venture agreements with Ridgewood Holdings Limited for development of seven residential projects in the cities of Bangalore, Chennai, Kochi and Indore.

Coal India: The company has sought shareholders' approval for the buyback of 10.98 crore shares worth Rs.3,650 crore.

CRISIL Ltd: The company posted a net profit of Rs.698.10 mn for the quarter ended June 30, 2016 as compared to Rs.649.20 million for the quarter ended June 30, 2015.

Tuesday, 19 July 2016

The Indian market is expected to open higher on Monday tracking positive trend seen in other Asian markets. The market is likely to be rangebound on Tuesday as earnings disappointment is slowly weighing on. Get Live Today Stock Market News Updates Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

The Nifty is likely to trade in a 250-point range between 8400-8650 today. With sharp focus on Q1 earnings, the uptrend is seen to be intact with foreign institutional investors (FII) flows strong.

Here is a list of top stocks that are likely to be in focus today:

HUL: Hindustan Unilever BSE -2.04 % (HUL) reported a 9.7 per cent year-on-year (YoY) growth in net profit at Rs 1,174 crore for the quarter ended June 30, which was largely in line with consensus estimates.

Wipro: Wipro Ltd is expected to report 3.6 per cent year-on-year fall and 5.7 per cent quarter-on-quarter net profit to Rs 2187.80 crores for the quarter ended June 30.

Jaiprakash Power Ventures Ltd: The company reported a standalone net loss of Rs 196.16 crore for the quarter ended June 30, 2016. The company had reported a net profit of Rs 66.96 crore in the year-ago period, Jaiprakash Power VenturesBSE 2.88 % said in a filing to BSE.

Gruh Finance: A subsidiary of HDFC LtdBSE 0.58 %, has reported 19.6 per cent rise in net profit at Rs 60.18 crore for the first quarter ended June 30.

MindTree: Mid-sized IT firm MindTreeBSE -3.76 % posted a 3.7 per cent drop in consolidated net profit at Rs 123.5 crore in the first quarter of the ongoing fiscal.

Camline Fine Sciences: The company said that State Level Environment Impact Assessment Authority, Gujarat, has granted environment clearance to set up a manufacuring facility for hydroquinone/catechol and its downstream products at the Dahej SEZ. It had investment plans of Rs 180 crore for the unit.

Idea Cellular: India's No. 3 carrier, has slashed effective rates of its 4G and 3G Internet packs for prepaid and post-paid customers who use large data packs, offering up to 67 per cent more benefits for the same price.

GATI: Macquarie Bank has sprung a surprise and decided to go back on its bet on leading logistics and express delivery service provider Gati LtdBSE 0.00 %, by cashing out of its entire 5.6 per cent stake in the company.

Monday, 18 July 2016

The Indian stock market may be trending higher on Monday but the main focus will be Parliament monsoon session that begins today and earnings. The 30-share BSE Sensex was down 105.61 points at 27836.50 and the 50-share NSE Nifty declined 23.60 points to 8541.40 on Friday. For Live Stock Market Updates Visit Us
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Citi, which remains constructive on the market with a target of 28,800, expects an aggregate Sensex earnings growth of around 13 percent for the current financial year. Earnings to be announced by big companies this week are Wipro, Cairn India, Ultratech Cement, HDFC Bank, Kotak Mahindra Bank and Axis Bank.

Stock calls: 5 large caps to buy or sell on Monday;

CLSA has a sell rating on Tata Steel with a target of Rs 235 per share. It remains negative given weak steel price environment.

Infosys :-

JP Morgan has an overweight rating but slashed target price to Rs 1250 from Rs 1350 per share as Q1 print disappointed significantly on revenue. It says internal metrics are still trending well and adverse implications of Brexit are key risks to target and rating. Kotak has an add rating but slashed target price to 1250 from Rs 1340 per share. Reliance Industries:-

Morgan Stanley has an overweight rating with a target of Rs 1329 per share assuming USD 4.50 per barrel spread as a sustainable level. It adds lower DD&A, higher run-rate Of GRMs are upside risks to stock. Bank of America Merrill Lynch has reiterated a buy call with a target of Rs 1200 per share. Goldman Sachs has maintained buy rating but increased target price to Rs 1160 from Rs 1145 per share.

Tata Steel :-

CLSA has a sell rating with a target of Rs 235 per share. It remains negative given weak steel price environment.

Monday, 11 July 2016

The Indian stock market opened with a strong positive gap Monday
morning, as Friday's strong rally on Wall Street on the back of upbeat
jobs data, and the resultant upswing in Asian markets today set up a
solid platform for the bulls back home. We have been providing valuable
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@91-78-79-88-11-22.=======================================

The Indian stock market extended rally in morning trade with the Nifty reclaiming 8450 level for the first time since August 2015. The 30-share BSE Sensex rose 466.49 points or 1.72 percent to 27593.39 and the 50-share NSE Nifty was up 132.35 points or 1.59 percent at 8455.55. The broader markets remained strong with the Midcap index hitting record high.

The Indian market breadth was strong as about four shares advanced for every share falling on the Bombay Stock Exchange. All sectoral indices traded in green with the PSU Bank and Infra rising the most. ICICI Bank, HDFC Bank, HDFC, Tata Motors, L&T, ITC and SBI surged 2-4 percent. Asia markets traded higher, bolstered by election results in Japan and Australia and shrugging off concerns a strong US jobs report might push the Federal Reserve closer to hiking rates.

Expectations that the government will manage to pass the much awaited GST Bill during the monsoon session of parliament and an encouraging report from the weather office are also aiding the rally.The BSE benchmark Sensex is up 450.96 points or 1.66% at 27,577.86, slightly off a high of 27,591.95 it touched a little while ago. The Nifty50 of the National Stock Exchange, which soared to 8455.85, is up 126.20 points or 1.52% at 8449.40.

Friday, 8 July 2016

The Indian stock market opened
the week on a sluggish note with investors not too keen on building up
positions, despite positive global cues. Ahead of the onset of the
reporting season, the mood in the market was by and large cautious. For more Live Stock Market Calls Visit Us www.marketmagnify.com/freetrial.php or Get Free Trials Just Call @911-110-48-06

Sensex ends 35 points downThe
BSE benchmark Sensex ended up 34.62 points or 0.13% at 27,201.49, after
having rallied to a high of 27,288.22 intraday. The Nifty50 of the
National Stock Exchange, which rose to 8361.95, closed at 8337.90,
recording a gain of 1.95 points or 0.02%.

Friday, 24 June 2016

Brexit is "negative" for the Indian IT industry in the short, and medium-term.The market continued to bleed though it recouped nearly 400 points losses on the Sensex in afternoon trade following recovery in Europe. For more Visit Us www.marketmanify.com or Get Free Trials Just Give One Missed Call @78-79-88-11-22.

The United Kingdom's decision to leave European Union hurt market sentiment globally today. The 30-share BSE Sensex fell 687.60 points or 2.55 percent to 26314.62 and the 50-share NSE Nifty slipped 213.45 points or 2.58 percent to 8057. The market breadth was recovered a bit as about five shares declined for every share falling against earlier ratio of 10:1.

Although, Gold, Silver, Jeera and few other commodities are having positive leads, but the whole Indian Market is down with heavy losses. In Stock Market, Sensex has dropped by 956 points and currently trading at 26045.23 and Nifty has dropped by 301 points and currently trading at 7969. In Asian Market, Nikkei has dropped around 1268 points (8.47%) and other Asian Indices are also trading with big losses.

In Stock Market, all the sectors are moving negatively with the no signs of any gainer today. It’s clearly visible the top reason behind this crisis. With the china’s issue, Brexit can take up the market towards recession.
In Commodity Market, most of the Mcx and Ncdexcommodities are trading in negative zone, while few are rising up.

Gold is currently trading at 31708 with the hike of 1794 points (6%) and Silver is trading at 42739 with the hike of 1549 points (3.76%), Crude oil is trading with the loss of 141 points (4.2%). According to experts, doing any trade in panic would not be good for the traders and we need to wait for the left out declarations.

MarketMagnify always stay ahead in bringing current affairs from all the valley of National interest, Business, Finance, Stock Market and International happenings.
We take you to the depth of every matter by providing every small detail and makes you familiar with all the happening around you. For more Visit Us www.marketmanify.com or Get Free Trials Just Give One Missed Call @78-79-88-11-22

Today The Nifty ended tad below 2016 closing ahead of Brexit vote. The 50-share index is up 66.75 points or 0.8 percent at 8270.45. The Sensex was up 236.57 points or 0.9 percent at 27002.22. About 1093 shares have advanced, 1498 shares declined, and 183 shares are unchanged.

Tata Motors, Dr Reddy's Labs, SBI, HDFC Bank and Axis Bank were top gainers while NTPC, Cipla, TCS, Asian Paints and ONGC were losers in the Sensex.
Tata Motors, Tata Steel, Bharat Forge, Hindalco, Infosys, TCS and Tech Mahindra are the stocks that will get impacted by outcome of Britain's referendum.

According to reports, Indian IT companies get anywhere from 6-18 percent of their revenues from the UK. The UK has traditionally been the gateway for Indian IT firms to enter Europe and they have set up a large presence in the UK to serve the EU markets from their headquarters in London.
The United Kingdom is voting today on whether to remain in or leave the 28-nation European Union.

Monday, 20 June 2016

As expected the Indian stock markets opened the week on a bearish note with the rupee tanking nearly 1%, sensex down about 0.6% and government bond yields hardening 3-4 paise, but the recovery in the stock marker was quick, although rupee struggled. Get Live market updates trading tips on www.marketmagnify.com or for current market updates just give Missed Call @78-79-88-11-22

After opening about 150 points lower at 26,476, on the RBI governor Raghuram Rajan's decision on Saturday to not seek another term after his current one ends in early September, the index recovered and at 1015IST, it was up 65 points at 26,691.

Indian Rupee, however, was still in the red, trading at 67.54 to the dollar, weaker by about 50 paise from its Friday close. In the bond market, the benchmark yield on the 10-year government bond was at 7.53%, up from 7.50% on Friday.

The Indian market is still making steady gains after knee-jerk reaction to Reserve Bank of India's governor Raghuram Rajan not continuing for second term. The Nifty is below 8200-mark, up 14 points or 0.2 percent at 8184.20.

The Sensex is up 66.11 points or 0.2 percent at 26692.02. Infosys, L&T, TCS, Hero MotoCorp and ONGC are top gainers while Axis Bank, Asain Paints, Lupin, ICICI Bank and Coal India are losers in the Sensex.

Friday, 17 June 2016

The Stock market breadth remained positive as about two shares advanced for every share falling on BSE.
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Max Financial Services shares rallied 20 percent and HDFC gained 2 percent intraday after a media report indicated there are merger talks between companies for their life insurance business.

The S&P BSE Sensex gained 153 points to quote at 26,679 and the Nifty50 rose 37 points to trade at 8,176. Max Financial Services has zoomed 20% to Rs 514, also its 52-week high on the BSE in intra-day trade on heavy volumes.

The rally comes on the back of reports that HDFC Life and Max Life are in talks to create the country's biggest private life insurer.
V-Guard Industries has rallied 11% to Rs 1,470, also its record high on the National Stock Exchange (NSE) after the company announced that its board approved the proposal for splitting of equity shares in the ration of 1:10.

Thursday, 16 June 2016

Prices of the yellow metal on Thursday hitRs 31,000 on the Multi Commodity Exchange (MCX) for the first time since May 2014, taking cues from a surge in gold prices in global markets. The prices have risen in eight out of the past 10 sessions. We have been providing valuable Tips to our clients through various methods. For more details just visit on www.marketmagnify.com or Give One Missed call us at 78-79-88-11-22

Gold prices have risen 10 per cent since May 2014 and 24 per cent since the beginning of the year, ending its five-year-long bear market. The yellow metal is the best performing major asset class in 2016, leaving equities far behind.

Going by what analysts are saying, here are the three factors driving the current rally in the yellow metal.

1) Brexit fear drives risk off rally: The risk off trade in global risk assets is sending investors flying to the safe haven of precious metals. Gold prices have risen 3 per cent in June and iShares Gold ETF has gone on a similar rally gaining close to 5%.
Experts believe if the UK votes against staying with the EU, international gold prices could run up as high as $1,400.

2) Fed, BoJ status quo energises gold bulls: The decision by two major central banks of the world to hold key policy rates steady has energised the gold bulls.
The US Federal Reserve's outlook for reduced interest rate hike in 2017 and 2018 has added further stimulus to the frenzied gold buying as investors looked to hedge against the negative interest action by Bank of Japan and the European Central bank.

3) Dollar bears help gold bulls: The inverse relationship between dollar and gold is playing out in favour of the Gold bulls. Comments from the US federal Reserve have sent the dollar tumbling against major currencies and that has aided the rally in the precious metal as international prices hit their highest level since August 2014.
The dollar index, a gauge of US dollar against six major developed currencies, slipped 0.38 per cent in Thursday's trade while gold prices rallied 2.05 per cent at home.

Wednesday, 15 June 2016

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The Indian stock market is still holding its early gains. The Sensex is up 86.43 points or 0.3 percent at 26482.14, and the Nifty is up 24.55 points or 0.3 percent at 8133.40. About 1459 shares have advanced, 647 shares declined, and 125 shares are unchanged. Bharti Airtel, Hero MotoCorp, Cipla, SBI and L&T are top gainers while ICICI Bank, Coal India, Dr Reddy's Labs, Axis Bank and HDFC are losers in the Sensex.

Tuesday, 14 June 2016

Today The Indian stock market is still under pressure as the Nifty hovers around 8100. The 50-share index is down 14.85 points or 0.2 percent at 8095.75 and the Sensex is down 34.66 points or 0.1 percent at 26362.11. About 1536 shares have advanced, 835 shares declined, and 133 shares are unchanged.Get More Market Updates Trading Calls Just Visit on www.marketmagnify.com or Give Missed Call at +91-78-79-88-11-22

TCS, Hero MotoCorp, Asian Paints, HUL and Bajaj Auto are losers in the Sensex while Adani Ports, SBI, Cipla, GAIL and Tata Motors are gainers.
Gold fell Rs 56 to Rs 30,568 per 10 grams in futures trade today as participants reduced their positions, largely in line with a weak trend overseas.

Microsoft agrees to buy LinkedIn for $26.2 billion
Microsoft has announced it will buy enterprise social network LinkedIn in a deal valued at $26.2 billion. The tech giant's biggest purchase comes under Chief Executive Satya Nadella who is reshaping Microsoft since taking over in 2014 to appeal more to business customers with cloudbased services and productivity tools.

Friday, 10 June 2016

There is a sharp surge in stock market supported by rally in index heavyweights. The Sensex is up 173.75 points or 0.6 percent at 26937.21, and the Nifty up 51.80 points or 0.6 percent at 8255.40. About 1419 shares have advanced, 656 shares declined, and 105 shares are unchanged. Get More Valuable Market Updates Just Visit Now - www.marketmagnify.com or just give one missed call on Missed Call at +917879-88-11-22 .

BHEL, M&M, Lupin, Adani Ports and Cipla are top gainers while Asian Paints, Tata Motors and Bhrati are losers in the Sensex. Crude prices dipped further in Asia on a stronger dollar, dampening a rally that saw the commodity hitting 11-month highs earlier in the week.

Buy Sell Ideas for Today :-

Buy Jindal Steel & Power on dips for medium term. Keep a stop loss at Rs 58 for short term.

Stay invested in BHEL if looking at medium to long term. Add more in small quantities at declines.

Buy SAIL with a target of Rs 49 and a stop loss at Rs 43.50

Buy Dhampur Sugar with a target of Rs 108 keeping a stop loss at Rs 97.80

Buy Dewan Housing with a target of Rs 227 keeping a stop loss at Rs 202

Sell Dr Reddy's Labs with a target of Rs 2970 and a stop loss at Rs 3150

Wednesday, 8 June 2016

If you are reading this, chances are the Sensex and the Nifty are part of your daily life, and actions on Dalal Street can make or mar your day.Get Best Stock Market Tips Visit Us on - www.marketmagnify.com or for current market status just give one missed call at +917879-88-11-22.

The Indian Stock market continued to be in tight range above 27000 level after pricing in RBI policy and Federal Reserve c hairperson Janet Yellen's comments in previous session. The Sensex rose 35.48 points to 27045.15 and the Nifty advanced 3.20 points to 8269.65. The broader markets marginally outperformed benchmarks, rising 0.3 percent as about 1032 shares advanced against 632 declining shares on Bombay Stock Exchange.

After a positive start despite somewhat weak global cues this morning, the Indian stock market pared some gains due to profit taking in the banking space. Buy Tata Motors. The stock is likely to see further upside in the near term. Add at declines for medium term. Buy Crompton Greaves at current levels and add more at declines for medium term.

Tuesday, 7 June 2016

Sensex, Nifty off day's high; FMCG & infra up, Infosys falls Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. Get More Market Updates www.marketmagnify.com or Just Give One Missed Call at +917879-88-11-22

The Indian stock market surged further in afternoon trade with the Sensex rising 300 points or 1.12 percent to 27076.90, driven by banks, FMCG, infra and auto stocks. The Nifty is inching towards 8300, up 92.10 points or 1.12 percent at 8293.15. The market breadth remained positive as about 1483 shares advanced against 985 declining shares on Bombay Stock Exchange.

The BSE Midcap index gained 0.6 percent and Smallcap was up 1.1 percent. Nifty Bank touched 18000 level for the first time since October 26, 2015 after the Reserve Bank of India maintained accommodative policy stance, though pointing inflation concerns. State Bank of India and ICICI Bank surged 4 percent each.